Over a year after the outcome of the referendum held last year on 29th March 2017, British Prime Minister Theresa May triggered Article 50 initiating the two-year long process of withdrawal of the United Kingdom (UK) from the European Union (EU).

Every business from small home based venture to major corporations has accounting needs because it is the barometer of every business. It tells you whether your business is gaining substantial profits or losing revenues. Such important function in the business must not be taken for granted.